Strengthening US Dollar Could Bring Further Downside for Bitcoin
With the U.S. dollar eyeing a pre-election recovery, the path of least resistance for bitcoin may be to the downside.
With bitcoin back in the spotlight, so are old fears that China may be at the reins.
"Digital nature alone" will not be enough to give any one CBDC an edge as an international reserve asset, the BIS general manager asserts.
One policy maker says China is unlikely to use bitcoin as a financial weapon against the U.S. dollar.
Data and headlines on bitcoin's use in commerce point to an attribute that sets it apart from the yellow metal.
Analysts say the market is pricing in the potential for other corporate BTC investments.